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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Metacomet who wrote (81624)	7/16/2008 4:45:52 PM
From: Sea Otter	Read Replies (1) of 116555

Iran and Saudi oil reserves now sufficient to buy USA At the end of March, for instance, our collective net worth as a nation was $56 trillion, the second straight quarter it had dropped. Divide $56 trillion by the recent $140-a-barrel price of oil and you get 400 billion barrels of oil as the value of America, a fraction of our national value in 1998, 1995 or even 1990. [All hail our new Islamic Masters. Americans better start boning up on the Quran] articles.moneycentral.msn.com

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